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Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 393 Views 0 comment Print

CSR Non-Compliance: Penalty Under Section 135 – AECOM India Case

Company Law : Explore penalty order under Sec. 135 of Companies Act, 2013 on AECOM India for CSR non-compliance. Learn consequences, key takeawa...

January 16, 2024 2109 Views 0 comment Print

Penalty imposed by ROC for non-compliance of Section 89 of Companies Act, 2013

Company Law : Explore penalties imposed on Mynd Fintech under Section 89 of Companies Act, 2013 by ROC, NCT of Delhi & Haryana. Understand impli...

January 16, 2024 1656 Views 0 comment Print

Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 921 Views 0 comment Print

Director’s Dual DIN Violation: Unveiling Penalties and Implications under Companies Act, 2013

Company Law : Section 155 of Companies Act, 2013, prohibits possession of multiple DINs by any individual director. In this article, we will ana...

July 31, 2023 2751 Views 0 comment Print


Latest News


Implementation and Status of MCA21 e-Governance Programme

Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...

August 6, 2024 270 Views 0 comment Print

Simplified Company Exit: C-PACE Cuts Processing Time

Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...

August 6, 2024 294 Views 0 comment Print

Issues in filing of return in Form DPT-3 for financial year ending 31.03.2024

Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...

June 28, 2024 150 Views 0 comment Print

IEPFA Seeks Feedback to Enhance Claims Settlement Process

Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...

March 16, 2024 456 Views 0 comment Print

ICSI urges to allow CS in practice to be independent director of a company  

Company Law : ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Ind...

September 8, 2023 3708 Views 1 comment Print


Latest Judiciary


Suo Moto NCLAT Delhi order under Insolvency, Competition & Company Law

Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...

March 30, 2020 1260 Views 0 comment Print


Latest Notifications


Non-passing of Special Resolution before raising loan: MCA Imposes Penalty

Company Law : Penalty imposed on Singodwala Warehousing for non-compliance with Section 62(3) of Companies Act. Fine details and appeal process ...

August 16, 2024 90 Views 0 comment Print

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...

August 16, 2024 54 Views 0 comment Print

Non-filing of e-form INC-22 within prescribed time: MCA imposes Penalty

Company Law : Nalam Mahalir Nidhi Ltd. fined ₹4 lakh for failing to file e-form INC-22. Penalty details and appeal process outlined by Coimbat...

August 16, 2024 45 Views 0 comment Print

Delay in filing of e-Form PAS-3 with Registrar: MCA imposes Penalty

Company Law : Agrilife Technologies faces penalties for delayed PAS-3 filing under Companies Act, 2013. Penalty imposed on company and officers ...

August 16, 2024 30 Views 0 comment Print

MCA imposes penalty for non-filing of Annual Returns & Financial Statements

Company Law : Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties am...

August 16, 2024 72 Views 0 comment Print


Companies (Share Capital and Debentures) Amendment Rules, 2022

May 4, 2022 18864 Views 0 comment Print

(1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2022. (2) They shall come into force from the date of their publication in the Official Gazette.

Penalty for delay in Transfer of Unspent CSR Amount – MCA levied penalty

April 29, 2022 1425 Views 0 comment Print

Violation of Section 135(5) occurs when a company fails to comply with this requirement by not spending the prescribed amount on CSR activities within the stipulated time frame.

Nidhi (Amendment) Rules, 2022

April 19, 2022 45921 Views 0 comment Print

On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form NDH-4, within a period of one hundred twenty days of its incorporation for declaration as Nidhi

MCA writes CMA institute for Lack of compliances by its members in Company/LLP incorporation

April 11, 2022 25923 Views 0 comment Print

It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of your Institute are not carrying out due diligence and verification of documents while incorporating a company or a LLP.

Companies (Incorporation) Amendment Rules, 2022

April 8, 2022 6651 Views 0 comment Print

Provided further that in case of a Company being incorporated as a Nidhi, the declaration by the Central Government under section 406 of the Act shall be obtained by the Nidhi before commencing the business and a declaration in this behalf shall be submitted at the stage of incorporation by the

Companies (Management and Administration) Amendment Rules, 2022

April 6, 2022 6492 Views 0 comment Print

(1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Delay in intimation of Change in Object Calsue – MCA Imposes Penalty

April 6, 2022 780 Views 0 comment Print

This document is a notice issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli, under the Ministry of Corporate Affairs, India. The notice pertains to the adjudication of a penalty against Starnet Real Estate Development Limited (formerly known as Starnet Software (India) Limited) for violation of Section 117 of the Companies Act, 2013. […]

Delayed submission of special resolution altering MOA- MCA imposes penalty

April 6, 2022 834 Views 0 comment Print

The order states that the members of the company had passed a special resolution to alter the main objects clause of the Memorandum of Association at an Extraordinary General Meeting held on January 30, 2021. As per Section 117 of the Companies Act, 2013, the resolution was required to be filed within 30 days. However, the company filed the required form, MGT-14, with a delay of 261 days.

MCA extends Audit Trail Date to April 1, 2023 & CSR-2 to 31.05.2022

March 31, 2022 134574 Views 0 comment Print

MCA has vide notification dated 31.03.2022 extends Implementation of Audit Trail software to financial year commencing on or after the April 1, 2023 and also extended CSR-2 due date till  May 31, 2022. Extension of due date for filing form CSR-2 The MCA vide its notification dated 11th February, 2022 had introduced form CSR-2 by […]

Companies (Indian Accounting Standards) Amendment Rules, 2022

March 23, 2022 26514 Views 0 comment Print

MCA notifies Companies (Indian Accounting Standards) Amendment Rules, 2022 vide Notification No. G.S.R 255(E) Dated: 23rd March, 2022 and further amended Companies (Indian Accounting Standards) Rules, 2015. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd March, 2022 G.S.R 255(E).—In exercise of the powers conferred by section 133 read with section 469 of the Companies […]

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